| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 65th | Best |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1905 Orange Ave, Redlands, CA, 92373, US |
| Region / Metro | Redlands |
| Year of Construction | 2002 |
| Units | 84 |
| Transaction Date | 2000-03-14 |
| Transaction Price | $480,000 |
| Buyer | PACIFIC COMMUNITIES LLC |
| Seller | ADDISON INVESTMENTS |
1905 Orange Ave Redlands Multifamily Investment
Amenity-rich inner-suburb location with a deep renter base supports tenant demand and leasing, according to WDSuite s CRE market data. Neighborhood occupancy trends should be monitored, but sustained renter concentrations point to steady absorption potential.
Situated in Redlands inner suburbs, the neighborhood ranks competitively among 997 Riverside San Bernardino Ontario neighborhoods and sits in the top quartile nationally on overall quality metrics. Access to daily needs is strong, with restaurants, cafes, and grocery options scoring well versus national peers, which helps drive resident convenience and stickiness.
The property s 2002 vintage is newer than the neighborhood s average construction year, which can enhance competitive positioning versus older stock and may temper near-term capital expenditure needs; selective modernization could still support rent premiums and leasing velocity.
Renter-occupied housing makes up a substantial share of neighborhood units, indicating a sizable tenant base for multifamily. Within a 3-mile radius, recent population and household growth, along with projected gains by 2028, point to a larger renter pool over time a constructive backdrop for occupancy stability and renewal performance. This local growth context underpins practical multifamily property research for investors assessing demand depth.
Elevated home values relative to national benchmarks and a high value-to-income environment reinforce reliance on rental housing, which can support pricing power and lease retention. At the same time, neighborhood occupancy levels have softened versus higher-performing peers in recent years, warranting hands-on leasing and revenue management to sustain performance, based on CRE market data from WDSuite at the neighborhood level (not the property).
Safety indicators are roughly in line with national averages overall, with the neighborhood positioned near the metro middle but slightly less favorable than the median among 997 Riverside San Bernardino Ontario neighborhoods. Recent trends show declines in both property and violent offense rates year over year, which is a constructive signal for investor underwriting, though continued monitoring is prudent.
Nearby corporate employers provide a diversified employment base and manageable commute sheds that support renter demand and retention, including energy infrastructure, food manufacturing, healthcare distribution, waste services, and logistics.
- Kinder Morgan energy infrastructure (8.7 miles)
- General Mills food manufacturing (14.1 miles)
- Mckesson Medical Surgical healthcare distribution (26.8 miles)
- Waste Management waste & environmental services (27.1 miles)
- Ryder Vehicle Sales logistics & fleet services (29.7 miles)
1905 Orange Ave offers 84 units in a high-performing Redlands submarket where amenity access and a large renter base underpin demand. The 2002 vintage is newer than the neighborhood average, supporting competitive positioning versus older stock while allowing targeted value-add to capture incremental rent. Elevated ownership costs in the area help sustain reliance on rentals, and within a 3-mile radius, population and household growth point to a widening tenant base that can support occupancy stability over time.
According to CRE market data from WDSuite, neighborhood-level occupancy has trended softer than stronger peers, suggesting active leasing, pricing, and renewal management will be important. Affordability pressures should also be watched as they can influence lease trade-outs and retention, but the combination of solid amenities, diversified nearby employment, and a sustained renter concentration supports a balanced long-term view.
- Newer 2002 vintage versus local stock supports competitive position with targeted modernization upside
- Deep renter-occupied housing base and amenity access underpin tenant demand and retention
- 3-mile growth in population and households expands the renter pool and supports occupancy over time
- Elevated ownership costs reinforce multifamily demand and potential pricing power
- Risks: softer neighborhood occupancy trends and affordability pressure require hands-on leasing and revenue management